PVH Corp (PVH) PT Lowered to $157 at Deutsche Bank Following 3Q Beat and Raise
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PVH Corp. Reports 2018 Third Quarter EPS above Guidance and Raises Full Year EPS Outlook
November 29, 2018 4:15 PM ESTThird quarter revenue increased 7% (increased 9% on a constant currency basis) compared to the prior year period, in line with previous guidance. Third quarter EPS exceeded guidance and was: GAAP basis: $3.15 compared to guidance of $3.03 to $3.06 Non-GAAP basis: $3.21 compared to guidance of $3.10 to $3.13 Full year 2018 EPS outlook: GAAP basis: Raised to $9.10 to $9.12 from $8.96 to $9.01 previously Non-GAAP basis: Raised to $9.33 to $9.35 from $9.20 to $9.25 previously The strengthening U.S. dollar lowered the estimated positive impact of foreign currency translation... More
